ORS 732.517: Purpose of ORS 732.517 to 732.546.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
The purpose of ORS 732.517 to 732.546 is that of regulating the control or ownership of an insurer or of an insurance holding company system. A further purpose of ORS 732.517 to 732.546 is that of promoting the public interest and the interests of policyholders and shareholders by facilitating, consistent with those interests, better use of management skills and services, diversification through acquisitions, free access to capital markets, sound tax planning and open competition. [1983 c.498 §5; 1993 c.447 §25]
Administrative rules citing this section
- OAR 836-027-0001: Statutory Authority and Purpose of OAR 836-027-0005 to 836-027-0180 — implements
- OAR 836-027-0005: Definitions — implements
- OAR 836-027-0010: Registration of Insurers — Statement Filing — implements
- OAR 836-027-0012: Summary of Registration — Statement Filing. — implements
- OAR 836-027-0020: Alternative and Consolidated Registrations — implements
- OAR 836-027-0030: Forms; General Requirements — implements
- OAR 836-027-0100: Acquisition of Control — Statement Filing — implements
- OAR 836-027-0110: Amendments to Form A — implements
- OAR 836-027-0120: Acquisition of Certain Persons Considered to Be Insurers — implements
- OAR 836-027-0125: Pre-Acquisition Notification — implements
- OAR 836-027-0140: Enterprise Risk Report — implements
- OAR 836-027-0150: Group Capital Calculation — implements
- OAR 836-027-0160: Transactions Subject to Prior Notice — Notice Filing — implements
- OAR 836-027-0170: Extraordinary Dividends and Other Distributions — implements
This rule cites
- ORS 732.517 — resolved
- 732.546 — resolved
Cited by
- ORS 415.011: Oregon Health Authority regulation of financial solvency of CCOs to align with regulation of domestic insurers; rules.
- ORS 415.501: Procedures for review of material change transactions; rules.
- ORS 705.138: Confidential and privileged documents; conditions for sharing with chief insurance regulatory official.
- ORS 731.508: Approved reinsurance.
- ORS 731.512: Withdrawal of insurer; reinsurance.
- ORS 731.988: Civil penalties.
- ORS 731.992: Criminal penalty.
- ORS 732.235: Voluntary dissolution of insurer.
- ORS 732.245: Home office; records, assets; unlawful removal; rules.
- ORS 732.518: Definitions for ORS 732.517 to 732.546.
- ORS 732.521: Activities that are prohibited unless specified procedures followed; exceptions; notice of divestiture.
- ORS 732.541: Jurisdiction over person obtaining or attempting to obtain control.
- ORS 732.546: Severability.
- ORS 732.547: Remedies for violation of ORS 732.517 to 732.546.
- ORS 732.548: Definitions for ORS 732.517 to 732.596.
- ORS 732.553: Certain information not required to be disclosed.
- ORS 732.556: Requirement that certain persons provide information to insurers.
- ORS 732.564: Registration for affiliated insurers.
- ORS 732.566: Exemption from ORS 732.517 to 732.596 by director.
- ORS 732.568: Disclaimer of affiliation; contents; subsequent duty to register; disallowance of disclaimers by director.
- ORS 732.571: Supervisory college for domestic insurer; purpose; director’s powers; payment of expenses.
- ORS 732.572: Rulemaking authority for ORS 732.517 to 732.596.
- ORS 732.574: Standards for transactions within holding company; notice; deposit or bond for protection of insurer; records and data of affiliate.
- ORS 732.582: Determination of reasonableness and adequacy of capital and surplus.
- ORS 732.584: Examinations; penalty; costs.
- ORS 732.586: Confidentiality of information; permitted disclosures; prohibition on publication.
- ORS 732.588: Supervision, rehabilitation or liquidation.
- ORS 732.616: Reorganization involving organization of stock holding company; subsidiaries.
- ORS 732.620: Status of mutual holding company as corporation; status as insurer; rights and obligations of members; voting; articles of incorporation.
- ORS 732.624: Approval by Director of Department of Consumer and Business Services of mutual holding company restructuring plan; approval by members; effect of restructuring.
- ORS 732.811: Application of ORS 732.810 to 732.814.
- ORS 734.150: Grounds for rehabilitation of domestic insurers.
- ORS 744.301: Exemptions from license requirement.
- ORS 744.313: Financial examination; loss reserves; notification of appointment and termination; acts of managing general agent attributed to insurer.
- ORS 744.802: Exemptions from application of requirements for reinsurance intermediary brokers and managers.
- ORS 744.808: Prohibition on use of unlicensed reinsurance intermediary broker; requirement that insurer obtain financial statement of reinsurance intermediary broker.
- ORS 744.812: Prohibitions on actions of reinsurance intermediary managers.
- ORS 744.814: Prohibition on use of unlicensed reinsurance intermediary manager; requirement that reinsurer obtain financial statement of reinsurance intermediary manager and opinion of actuary.
- ORS 750.055: Other provisions applicable to health care service contractors; rules.
- ORS 750.705: Application of Insurance Code.
- OAR 409-070-0030: Requirement to File a Notice of Material Change Transaction
- OAR 836-011-0110: Definitions
- OAR 836-027-0010: Registration of Insurers — Statement Filing
- OAR 836-027-0012: Summary of Registration — Statement Filing.
- OAR 836-027-0030: Forms; General Requirements
- OAR 836-027-0100: Acquisition of Control — Statement Filing
- OAR 836-027-0110: Amendments to Form A
- OAR 836-027-0130: Information to Be Included in Statement Required by ORS 732.517 to 732.592
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors732.html